Which term refers to the flow of information through stages of analysis toward achieving an aim?

The term that refers to the flow of information through stages of analysis toward achieving an aim is indeed 'Process.' In the context of business and strategic management, a process encompasses a series of steps or stages that are followed to transform inputs into outputs, ultimately leading to a specific goal. This flow of information could involve various stages such as data gathering, analysis, interpretation, and decision-making.

Processes are critical in strategy formulation and implementation because they help organizations systematically approach their objectives, ensuring that every step is aligned with the overarching aim. By following a structured process, businesses can improve efficiency, enhance decision-making, and increase the likelihood of achieving their strategic goals.

Other terms, like functional tactics, grand strategies, and policies, describe different aspects of strategic management. Functional tactics are specific actions taken to implement broader strategies within departments, grand strategies refer to overarching strategies guiding a company's long-term objectives, and policies are guiding principles that dictate how decisions should be made. While all these elements are integral to organizational strategy, they do not specifically denote the flow of information through analytical stages aimed at a goal, which is why 'Process' is the most appropriate choice.